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DoubleLine Total Return Bond I Message Board

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  • hexaphone@sbcglobal.net hexaphone Oct 28, 2012 2:31 PM Flag

    Question on buying DBLTX

    You may purchase DBLTX through most of your discount brokerage houses. Note that it does not act like a stock where you can work to effect price, the purchase and/or sell price is determined at the close of the date of transaction. On the interest rate side, this fund has a duration last I noted of 1.2 That would suggest a decline in the funds value for each 1 percent increase in interest rate.

    Sentiment: Buy

 
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10.86-0.03(-0.28%)Apr 29 7:00 PMEDT